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1157 Princess Ave

1157 Princess AveVictoria, BC

$1,399,999
Single FamilyFourplex
Bedrooms
4
Bathrooms
5
Area
3,198 sqft
Year Built
1911
BC Assessment $1.579,000. Exceptional Investment Opportunity in Fernwood. Unveil a unique investment gem in the heart of Fernwood with this 4-unit character conversion property. Well-preserved to highlight its original architectural details, this residence unites historic elegance with contemporary comfort. Each of the 4 charming 1-bedroom units is ideal for singles or couples, boasting hardwood floors, generous kitchens, and impressive ceilings—10 feet on the main floor and 9 feet on the upper level. The property also includes a non-legal bachelor suite in the basement, adding potential for additional income. This character conversion property is a prime investment for keen investors. With the high demand for distinctive rental spaces, this 4-unit beauty is poised to attract tenants swiftly. Located near bus routes, schools, shopping, and all the amenities Victoria has to offer, convenience is at your doorstep. Seize this rare opportunity to invest in a truly exceptional property in Fernwood. (id:67651)
OwnershipFreehold
Postal CodeV8T1L2
ZoningR-2 Two Family Dwelling
HeatingBaseboard heaters
CoolingNone
Parking4 spaces
Annual Tax$9,131
FeaturesCentral location, Level lot, Other

Neighbourhood & Lifestyle